Recent reports indicate that Google, owned by Alphabet, is planning to invest up to $40 billion in AI company Anthropic.

The deal includes an initial $10 billion investment, with an additional $30 billion to follow if Anthropic meets specific performance targets.

This move comes amid an accelerating global race among major tech companies to dominate the AI sector, driven by the rapid growth of advanced AI tools such as Claude, developed by Anthropic.

The investment also reflects a deepening partnership between the two companies, despite being competitors in the same space, as Google seeks to strengthen its position against rivals like OpenAI and Microsoft.